Level Maintainability and AvailabilityUPS, hot-swappable hard drives with parallel processing, and a sound preventive maintenanceschedule will offer the users of the system many years of service with minimal down-time andinterruptions. Based on currently available hardware, the total system Operational Availability isover 90% as shown in Figure 7.10.0 Market AnalysisThe purpose of this marketing analysis is to look at the entrepreneurial and business aspects ofthe VGKM. The market strategy of VGKM is to enter the business arena as a market challenger.We intend to adopt our own strategies in order to challenge the market leader’s position. Ourmarket objective is to provide the consumer with an innovative and motivational learning tool
developed, the differences in the types ofemerging entrepreneurs are developing as well. Those entrepreneurs with aspecialty in the fields of technology and innovation are forming the backbone forengineering entrepreneurship. With continuing improvements in technology andnew innovations being developed almost daily, there arises the need for newbusinesses and ventures to promote these ideas and products. These businesses andventures are being founded by individuals with both a technical and analyticalbackground as well as the necessary skills to become an entrepreneur. This field ofengineering entrepreneurship is becoming increasingly important as motivatedindividuals are changing society with their new and improved innovations.The economic trend
established the Mobile Integrated Solutions Laboratory (MISL)in 2002 to enhance the senior project design experience for the undergraduate students. Thesingle semester, “works once” project model typically employed in academia was expanded to atwo-semester sequence for project planning1 and project execution.2, 3 This resulted in three keybenefits to the curriculum. First, because the students were given an additional semester tocomplete their project, the faculty noticed a significant increase in the quantity and quality of Page 12.631.2effort by the students. Second, this increase in quality has resulted in more interest in the designand innovation
giving them opportunities to develop and market their own intellectual property. • Retain the best and brightest undergraduate talent in the Brazos Valley region. • Use entrepreneurship to help undergraduates develop ethical and leadership qualities.This initiative, which has generated grant proposals to the NSF Partnership For Innovation andthe National Collegiate Inventors and Innovators Alliance (NCIIA) E-Team programs, has as itsvision the establishment of an engineering incubator on the main Texas A&M campus to supportnew venture start ups resulting from the products developed by EET/TET undergraduates in theircapstone experience. These activities have, therefore, added another topic, Entrepreneurship, tothe ones indicated
helping to direct the teamand facilitating the process to conclusion.Conclusions:Service learning opportunities are excellent teaching tools for students to apply theirtheoretical learning to real-world application. Instructors need to find innovative ways torecruit students to participate in these offerings. We have found that once a student isinvolved in a project such as those described above, they have the desire to do anexcellent job and believe that the experience is well worth the time required to fulfill theobjective. Offering course credit and small monetary compensation appears to help in therecruitment of student managers, however this is the first year that we have tried thisapproach and we will need to access the effectiveness of
productive in amore strategic way. The Dean of Engineering at _____________ University has recently Page 12.405.2focused on five new initiatives, one of which is “Innovation and Creativity.”Despite this collective call for creativity, we are far from a common understanding of what it is,how to teach it, and what role personality plays in a person’s ability to “be” creative. This isapparent in watching the interaction of engineering students with industrial design students. It isa mistake to believe that one group is focused on creativity, while another group is focused onimplementation. Creativity is evident in both groups, but manifests itself
AC 2007-2155: DEVELOPMENT OF A BIOTECHNOLOGY OPTION AREA FORAN ENTREPRENEURIAL CERTIFICATE PROGRAMKari Clase, Purdue University Page 12.505.1© American Society for Engineering Education, 2007 Development of a Biotechnology Option Area for an Entrepreneurial Certificate ProgramAbstractAn undergraduate certificate program in entrepreneurship and innovation has beendeveloped at --- University in collaboration with the --- Center for Entrepreneurship.Option areas are offered to students enrolled in the certificate program in order to explorespecific discipline areas or markets. The objective of this paper is to discuss thedevelopment of a course within an
and Innovators Alliance (NCIIA)[http://www.nciia.org/] are two such conferences. The rapid growth of the ASEEEntrepreneurship Division provides another indication of the number of institutions, faculty, andentrepreneurs actively involved in entrepreneurship program development. In the past,traditional engineering education has prepared the student for traditional career pathwaysprimarily within traditional corporate entities. However, according to the Small BusinessAdministration (SBA) website (1), small businesses, those with fewer than 500 employees,create 60 – 80 % of the net new jobs annually and produce 13 – 14 times more patents peremployee than large patenting firms. Because of generally limited resources, smaller firmstypically
languishedotherwise, are now the likely subject of a new company. This is, in part, due to the addedbreadth of technical and business expertise introduced by cross-functional teams.References 1. Weick, C.W. 2003. A university-based model for evaluating inventions. Entrepreneurship and Innovation, Nov. 2003, 225-235.End. Page 11.88.8
2006-1330: A COMPREHENSIVE MODEL FOR INTEGRATINGENTREPRENEURSHIP EDUCATION AND CAPSTONE PROJECTS WHILEEXCEEDING ABET REQUIREMENTSJohn Ochs, Lehigh University John B Ochs is Professor of Mechanical Engineering at Lehigh and Director of the Integrated Product Development Program (IPD), which he co-founded with Dr. Watkins in 1994. He is the past chairman the Entrepreneurship division of the American Society for Engineering Education. From 1985-95 Dr. Ochs did extensive industry consulting and was involved in the start up of three companies. In 1996 the pilot courses IPD won the American Society of Mechanical Engineers’ curriculum innovation award and in 1997 IPD won the Newcomen Society award for
2006-1352: COOPERATIVES AS MEANS FOR ORGANIZINGINTERDISCIPLINARY ENTREPRENEURSHIP TEAMSJohn Farris, Grand Valley State UniversityPaul Lane, Grand Valley State University Dr. Paul Lane is a Professor of Marketing and holds the position of Esther Seidman Chair for innovation in business of Seidman College of Business. He holds a Ph.D. degree from Michigan State University and has previously published articles in The Journal of Consumer Marketing, International Review of Strategic Management, International Marketing Review, and Journal of Consumer Research, among others. His research interests include entrepreneurship, new product development, marketing strategy, e-commerce, aging, and China
2006-1462: THE BABSON-OLIN SYMPOSIUM FOR ENGINEERINGENTREPRENEURSHIP EDUCATORS: HELPING ENGINEERING FACULTYTEACH ENTREPRENEURSHIPHeidi Neck, Babson College Dr. Heidi Neck is an Assistant Professor of Entrepreneurship and holds the Babson Family Term Chair at Babson College. She earned a Ph.D. in Strategic Management and Entrepreneurship from the University of Colorado at Boulder in 2001. She holds a B.S. in Marketing from Louisiana State University and an M.B.A. from the University of Colorado, Boulder. Dr. Neck's research interests include corporate entrepreneurship, radical innovation, and entrepreneurship education. She has presented at numerous conferences including the Academy of
IBM, as well as owning a management consulting firm, Executive Education Services. Her research interests are in electronic marketing, multidisciplinary education, and entrepreneurial ventures.Susannah Howe, Smith College Susannah Howe is the Design Clinic Director in the Picker Engineering Program at Smith College. She coordinates and teaches the capstone engineering design course and serves as co-faculty advisor for entrepreneurial activity at Smith. Her interests include innovations in engineering design education, entrepreneurship education across disciplines at the undergraduate level, and durability and structural performance of cementitious and natural building materials.Robert Weissbach
Software Product Development, and Entrepreneurship in an Urban University†AbstractBecause interdisciplinary learning can be challenging to students, it is important for teachers tomaintain high expectations of students, promote student centeredness, and develop students intoself-aware learners if students are to comfortably think across disciplinary boundaries. Therecent surge in demand for college graduates with an entrepreneurial mindset is motivated, inpart, by the changing nature of the global economy and competitive nature of today’s businesses.A dominant raw material in the global economy is innovation. This makes the teaching ofcreativity, innovation, and entrepreneurship in computing and engineering sciences programsvery
Florida Tech, Melbourne, Florida Ken Ports QTSI, Inc Cocoa Beach, FloridaAbstractTechnopolis communities are sprouting up all over the world and are creating a profound impacton global economic landscapes. Today’s global economy can be characterized by increasingglobalization, heightened interdependency and the emergence of a new paradigm of regional,institutional and technological clusters, which facilitate innovation and its commercialization,called the “Technopolis Phenomenon”.This paper reviews research done on creation of Technopolis communities and highlightsexemplary best practices from Technopolis communities around the
Knoxville initiated the innovative dual degreeprogram in the fall of 2001. Its focus is to integrate the skills and knowledge of studentsstudying both engineering and business, and to direct those skills to product development. Itpermits students, in 23 months, to obtain a Master of Business Administration [MBA] degree anda Master of Science [MS] degree in an engineering discipline. It is expected that, by thecompletion of the program, student teams will have developed a concept, a business plan, amarketing plan and a prototype for a marketable product. The vision of the MS-MBA dualdegree is not merely to allow students to receive two graduate degrees in a compressed timeframe, but to tightly integrate the two degrees, so that multidisciplinary
managers withincompanies. Sexton and Bowman24, however, suggest that a clear distinction should be madebetween ‘entrepreneurship’ and ‘small business ownership’. According to them, all entrepreneursare self-employed but all self-employed are not entrepreneurs, because entrepreneurs arecharacterized by innovative behavior with the main goal of obtaining profit and growth.Entrepreneurship education has been recognized as one of the crucial factors in fosteringentrepreneurial attitude25-26.Despite this fact, however, after reviewing entrepreneurship education, Hindle and Cutting27state “empirical tests of key propositions are in short supply and badly needed as demonstrationsof the efficacy of entrepreneurship education programs.” Similarly, Sexton
others in business careers. In addition, not allentrepreneurship students will have studied business and/or engineering ethics. As a new courseoffering, many institutions are offering Entrepreneurship with no prerequisite courses.Thus, special circumstances pertain to the entrepreneurship student: • With its extensive emphasis on opportunity, technology, and innovation, entrepreneurship differs somewhat from other business ownership or from non- entrepreneurial work within organizations. Page 11.1209.3 • Entrepreneurs face expectations that they will aggressively compete based on
funding organizations are also moving toward a greaterconsideration of the future impact of research activity forcing those in the academy to promotetheir work in a broader and more application driven light. The careers of engineers often grow toincorporate managerial and strategic responsibilities which are almost impossible without anability to consider business and legal issues and to communicate effectively to many differentaudiences. 1, 2, 3, 4 And, as Meier et al., suggest even those who remain squarely within atechnical arena, “are being asked to take responsibility for the overall system.”5 One subject thatneatly encompasses the concepts of innovation (implying new markets and new products),opportunities, creating networks, management
universities is to offer courses inentrepreneurship to engineering students. A more unconventional approach that has been used atSan Jose State University (SJSU) is to invite students to participate in a Neat Ideas Fair, acampus-wide forum to celebrate creativity and innovation. This fair gives the students anopportunity to display the creative solutions developed by them as part of their engineeringcourse projects. While this event generates enthusiasm and excitement among students and hasled to the further development and commercialization of ideas in a few cases, it has twodrawbacks. First, it attracts only those students who already have good ideas to display andsecondly, it does not give students the fundamentals of entrepreneurship in a
Professor of Mechanical Engineering at The University of Texas at Austin. He also serves as the Associate Vice President for Research, the Director of the Chair of Free Enterprise, and an Endowed Fellow of the IC2 Institute. As the Director of the Clint Murchison Chair of Free Enterprise, Dr. Nichols focuses on creating and nurturing a culture of technology innovation, creativity, leadership, and entrepreneurship at the University. He is a member of the New York Academy of Sciences and a Fellow of the American Society of Mechanical Engineering. Page 11.710.1© American Society for Engineering
for University of Missouri Extension and College of Engineering. He provides leadership for the Missouri Small Business Development Centers, Missouri Procurement Technical Assistance© American Society for Engineering Education, 2007 Missouri Small Business Development Centers, Missouri Procurement Technical Assistance Centers, University Center for Innovation and Entrepreneurship, Missouri Federal and State Technical program, Career Options, Missouri Market Development, Missouri Film Commission, and various environmental programs. Last year the programs served more than 20,000 participants and had nearly a half-billion dollars in economic impact. Since 2002, Steve has
Paper ID #7007Indicators of Creative and Entrepreneurial Thinking Among Engineeringand Technology StudentsDr. Senay Purzer, Purdue University, West Lafayette Senay Purzer is an Assistant Professor in the School of Engineering Education and is the Director of Assessment Research for the Institute for P-12 Engineering Research and Learning (INSPIRE) at Purdue University. Dr. Purzer is a NAE/CASEE New Faculty Fellow. She is also the recipient of a 2012 NSF CAREER award, which examines how engineering students approach innovation. Her expertise is on assessment and mixed-methods research.Mr. Nicholas D. Fila, Purdue University
entrepreneurial education across the curriculum. Thenetwork is limited to private institutions with ABET accredited engineering programs and is byinvitation only.The goal of KEEN is to make entrepreneurship education opportunities widely available atinstitutions of higher learning, and to instill an action-oriented entrepreneurial mindset inengineering, science, and technical undergraduates. The skills associated with theentrepreneurial mindset are communication, teamwork, leadership, ethics and ethical decision-making, opportunity recognition, persistence, creativity, innovation, tolerance for ambiguity, riskanalysis, creative problem solving, critical thinking, and business skills (including marketing,financial analysis, and strategic planning).1, 2, 3
Paper ID #7624Designing, Developing and Implementing an Entrepreneurship ProgramDr. Monique Fuchs, Wentworth Institute of Technology Monique Fuchs is Associate Vice President, Innovation + Entrepreneurship for Wentworth Institute of Technology in Boston, where she oversees student development and the launch of an innovation and en- trepreneurship center. Dr. Fuchs has experience in the profit and non-profit sector, in international settings and in a variety of industries including Consulting Services, IT, Higher Education, Publishing, Engineer- ing, Biotechnology, and Architecture/Design. Dr. Fuchs is the author of